On this episode of the J.D. Power Travel & Hospitality Intelligence Podcast, Michael Taylor and Andrea Stokes sit down with John Cabell, Director of the Wealth and Lending Intelligence at J.D. Power, to discuss travel reward credit cards.
Key takeaways from the conversation:
— Travel cards tend to have longer tenured customers and higher loyalty than regular bank cards. But the value of rewards may not be perceived as valuable by all cardholders.
— Banks benefit from the brand synergy of partnering with travel companies for co-branded cards. But not all travel cards offer the same level of rewards and benefits.
Learn more by listening to the full podcast episode.